Tag: industry
Indonesia’s Aims Non Oil and Gas Industry Grow 8.3% in 2024
JAKARTA (TheInsiderStories) - Indonesia aiming non oil and gas manufacturing grow 8.3 percent in 2024 by boosting investment and exports, said industry minister last week. Along...
Indonesia’s Business Activity Slowed to 13.39 Percent in 3Q
JAKARTA (TheInsiderStories) - Bank Indonesia (BI) reported business activity index in the third quarter (3Q) of 2019 slowed compared to the previous quarter, said...
Indonesia Decides Patimban Operators Give to Private Company
JAKARTA (TheInsiderStories) - Maritime Coordinating Minister Luhut Binsar Pandjaitan revealed that the operators of the Patimban seaport in Subang, West Java would be managed...
Indonesia Incentivizes Industry with Super Deductible Tax
JAKARTA (TheInsiderStories) - Indonesia will soon ratify fiscal incentives for the processing industry in the form of super deductible tax, said industry minister on...
Insight: Measuring the Potential of Indonesian Automotive Industry
JAKARTA (TheInsiderStories) – Indonesian government’s steps in easing automotive export procedures is expected to speed up the growth of the industry. By the procedure...
Indonesia will Launch Halal Products Regulation on October
JAKARTA (TheInsiderStories) - The government will launch new regulation concerning on Halal Products and its expected can be effectively put into effect on Oct. 17,...
Indonesia to Issues New Gas Balance
JAKARTA (TheInsiderStories) - Indonesian government will release a national gas balance which will show the total supply of gas, producers and consumers across the country....
Industry Review: Opportunity of Indonesia Electronic Sector
JAKARTA (TheInsiderStories) - Electronic industry is one of the largest and fastest growing industries in the world. The rapid development was triggered by the product...
Industry 4.0: Electronics Industry Waiting for Local Components
JAKARTA (TheInsiderStories)--The electronics industry is one of the priority industries to be developed by Indonesian government under the national program of “Making Indonesia 4.0”,...
ExxonMobil to Acquires Indonesian Lubricant Manufacturer
JAKARTA (TheInsiderStories) - ExxonMobil, an U.S energy company has announced its plans to acquire 100 percent interest of PT Federal Karyatama (FKT), a subsidiary of...
Indonesian Dairy Industry Sets for Exponential Growth in 2018
JAKARTA (TheInsiderStories) - Indonesian dairy industry is set for exponential growth this year due to significant shifts in how Indonesian consumers view health and...
Vietnam’s Rule Hurting Indonesian Automotive Exports
JAKARTA (TheInsiderStories) - Indonesia's four-wheel car manufacturers face a menace in exports following a new regulation from Vietnam, which is poised to build its...
India Lifts Anti-Dumping Duties for Indonesian Melamine
JAKARTA (TheInsiderStories) - Indian authorities have rescinded anti-dumping import duty on Indonesian melamine products, after discovering that there was no link between the imported...
Infographic: Indonesia Processing Industry Growth in 2017
In the last two years, the large and medium-sized processing industries show steady performance.
Krakatau Steel to Boost Sales Volume by 40% this Year
JAKARTA (TheInsiderStories) - State-owned steel producer PT Krakatau Steel Tbk Persero (IDX:KRAS) set a 40 per cent higher sales volume target for 2018, to 2,8...
Indonesia Industrial Investment Hits US$21.6B in 2017
JAKARTA (TheInsiderStories) – The government has announced that the realized investment in industrial sector in 2017 reached US$21.6 billion with total 256 projects, showing the...
Industry Review: In Search of New Growth Engines
JAKARTA (TheInsiderStories) – Early last week, hundreds of investors and business players gathered at the main hall of the Indonesian Stock Exchange Building. The main...
MedcoEnergi Issues Global Bonds of US$300 Million
JAKARTA (TheInsiderStories) – Oil and gas producer, PT Medco Energi Internasional Tbk (IDX: MEDC) has issued bond of US$300 million with final coupon of...
Three Smelting Firms Cease Operation
JAKARTA (TheInsiderStories) - Three smelting companies halt their operating following the dropped of nickel price since the beginning year. The firms namely PT Indoferro, PT...
Japan Tobacco to Purchase Gudang Garam’s Unit for US$677m
JAKARTA (TheInsiderStories) - Japan Tobacco Inc. (TSE: 2194) or JT Group has agreed to acquire Gudang Garam (IDX: GGRM) subsidiary, PT Karyadibya Mahardhika (KDM)...
Local Content Rules Will Be Reinforces to Reduce Import
JAKARTA (TheInsiderStories) - Indonesia government will issue a presidential decree to improve the policy of local content level to reduce imports as well as...
VP Kalla inaugurates Wuling Motors factory in Indonesia
JAKARTA (TheInsiderStories) - Vice President (VP) Jusuf Kalla inaugurated the first factory of PT SGMW Motor Indonesia (Wuling Motors) at GIIC Industrial Zone Deltamas, Cikarang, West...
South Korean LG To Build Petrochemical Plant in West Papua
JAKARTA (TheInsiderStories) - South Korean LG International Corp., join with its local partner PT Duta Firza ready to develop petrochemical plant in West Papua after...
South Korean Lotte Chemical Prepares Investment US$4b in Indonesia
JAKARTA (TheInsiderStories) - South Korean chemical company Lotte Chemical Titan, is set to realize its US$4 billion investment plan in Indonesia, to producing naphtha cracker...
Indonesia, China Sign $1.63 billion investment in Morowali
JAKARTA (TheInsiderStories) - For boosting the cooperation in economy, Indonesia and China had signed an investment agreement for US$1.63 billion value, said Minister of Industry Airlangga...
Indonesia’s beverages industry records negative growth in Q1
JAKARTA TheInsiderStories) -The Indonesian Association of Beverages Industry (ASRIM) revealed that the beverage industry experienced negative growth in the first quarter of 2017 because the...